Which of the following is least likely to be a core competency of a fast-food restaurant chain?
a. Cost reduction leading to low-cost product
b. Inventory control to ensure adequate product availability
c. Flexibility to allow customers many customized product offerings
d. Quick preparation of product
c. Flexibility to allow customers many customized product offerings
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The cultural environment of a country is best defined by which characteristics
a. standard of living and stage of economic development b. production process and standards of measurement c. attitudes, beliefs, and values d. degree of nationalism and economic community membership e. fast food culture and slow food culture
One way to improve the proofreading process is to proofread the writing after a period of time has passed since completing the writing process
Indicate whether the statement is true or false.
A survey of a sample of business students resulted in the following information regarding the genders of the individuals and their selected major. Selected Major GenderManagement Marketing Others Total Male50 20 30 100 Female30 20 50 100 Total80 40 80 200 ? a.What is the probability of selecting an individual who is majoring in Marketing?b.What is the probability of selecting an individual who is majoring in Management, given that the person is female?c.Given that a person is male, what is the probability that he is majoring in Management?d.What is the probability of selecting a male individual?
What will be an ideal response?
Below is a list of activities.TransactionAssets=Liabilities+Stockholders' Equity1. Obtain a loan at the bankIncrease=Increase+No Effect2. Issue common stock to stockholders for cash.?????3. Purchase equipment for cash.?????4. Pay cash for insurance in advance.?????5. Pay cash for employees' salaries in the current period.?????6. Pay accounts payable.?????7. Purchase office supplies on account.?????8. Provide services to customers for cash.?????9. Provide services to customers on account.?????10. Pay cash dividends to stockholders.?????11. Pay cash for utilities in the current period.?????Required:For each activity, indicate whether the transaction increases, decreases, or has no effect on
assets, liabilities, and/or stockholders' equity. What will be an ideal response?